The Finnish Ministry of Defense has blocked 6 real estate sales to foreigners from countries outside the EU and the European Economic Area, citing security concerns.
The potential buyers were individuals, as well as companies from Russia, Uzbekistan, China and Canada.
The real estate objects for which the transaction was banned are located in Imatra, Savonlinna and Parikkala in eastern Finland, Sismya and Raseborg in the south, as well as Kittila in Finnish Lapland. The applicants planned to use the property in different ways: from running a business to living and recreation.Defense Minister Antti Hyakkanen issued a statement warning that the purchase of real estate could be used "to gain a foothold in the country or undermine the ability of government agencies to act." The Finnish authorities should take measures to prevent various threats..., he added.
In January, the Ministry of Defense also prevented a Russian citizen from purchasing 4 properties in Finland.
Last year Finlandhas imposed a ban on the purchase of real estate by citizens of Russia and Belarus who are not residents of the country.
Source: Yle
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